Weekly Market Report

Despite experiencing considerable volatility throughout the week, concerns that dry weather in Brazil may lead to a smaller coffee crop together with a stronger Brazilian Real and Colombian Peso helped to push prices higher this week.  Arabica coffee prices gained 2.85 cents/lb but were at one stage almost 10 cents/lb higher.  Robusta coffee prices gained […]

A week of opposing forces which inevitably created significant volatility. The week started off on a very negative note with values dipping sharply, but the threat of a frost in coffee growing areas of Brazil next week sent prices soaring back upwards. It was however very short-lived with speculation that the USDA forecast to be

The week started off on a positive note with values rising sharply, but thereafter it was all downhill, on concerns about inflation and stunted global economic growth.  Arabica coffee prices slumped 7.80 cents/lb over the week having risen by over 5.0 cents/lb on Monday.  The robusta market on the other hand ploughed its own path

Both coffee markets remain very volatile, despite the fact that the repositioning by the large speculative funds seeking safer havens is now virtually finalised.  Even so what is happening in Ukraine continues to be unsettling.  In addition, there have been a new report suggesting that output in Brazil may well be below earlier expectations.  Over

The Russian invasion of Ukraine had a devastating effect on all major markets on Thursday, pushing most sharply downwards.  In the rush to find a safe haven, speculators abandoned positions in markets which they consider carry a high degree of risk.  As a result, coffee prices fell sharply on Thursday, with arabica losing 9.65 cents/lb

The forecasters got it wrong and there was indeed a heavy frost over a much greater area of Brazil than had been foreseen. Estimates suggest that as much as 5 million bags might have been lost from next year’s crop. Consequently, both markets leapt significantly upwards with arabica coffee prices gaining 30.60 cents/lb to reach

The threat of cold weather hitting many coffee growing areas in Brazil over the next 3 days forced coffee prices sharply up this week. As a result, arabica coffee prices gained 9.85 cents/lb over the week while robusta coffee prices gained just $23 (1.05 cents/lb) reflecting the fact that supplies of robusta are unlikely to

As suggested last week, arabica coffee prices did continue the downfall trend seen the week before, with speculators exiting the market once all threats of a frost had been eliminated. There was however, again as suggested, some resistance to lower prices and prices did recover on Wednesday and Thursday but not enough to recover all

Forecasts of a cold front moving into Parana next Wednesday forced process sharply up on Friday but the threat of a frost in coffee growing areas remains relatively low. Prices were also helped by a strengthening Brazilian Real which discouraged many Brazilian growers from selling. Arabica coffee prices gained 5.85 cents/lb over the week while